Why is Sar Televenture falling/rising?

As of 30-Jun, Sar Televenture Ltd's stock price is rising, currently at 268.05, with a change of 2.1, representing a 0.79% increase. The stock has shown strong performance recently, outperforming its sector by 1.5% today. Over the past week, it has increased by 12.98%, and in the last month, it has risen by 3.29%. The stock's delivery volume has also seen a significant increase of 237.03% against the 5-day average, indicating rising investor participation. Additionally, the company has demonstrated impressive long-term growth, with net sales growing at an annual rate of 319.80% and operating profit at 259.00%. With a return on equity of 5.5 and a price-to-book value of 1.5, the stock is considered to have a very attractive valuation.
In the broader market context, while Sar Televenture has generated a return of 16.77% over the past year, this is significantly higher than the market benchmark, which has only returned 3.95%. Although the stock's year-to-date performance of 2.45% lags behind the benchmark's 7.92%, its recent upward movement suggests a positive sentiment among investors. The stock is currently trading above its 5-day, 20-day, 50-day, and 100-day moving averages, although it remains below the 200-day moving average, indicating mixed signals in the longer term. Overall, the combination of strong company fundamentals and recent positive trading activity contributes to the stock's rising price.